Address
211 W Grass Lake Road, Lake Villa, IL
Property Attributes
- MLS#12721098
- TypeBusiness Op
- Listing Status Active
- CountyLAKE
- CityLake Villa
- AreaLake Villa - Lindenhurst
- Zip60046
- StyleBar/Tavern/Lounge,Food & Beverage,Restaurant
- Taxes$ 6500
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage16988
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Opportunity to own and operate a business with Mutiple income sources. Property is restaurant/Bar and so much more. There is an apartment above the business that has been recently remolded and could be rented out for additional income or to live in while you run the business. There is a full kitchen with lunch and dining services. Breakfast should be added to increase income. A large bar that is very popular in the area. Video Gaming, pool table, darts, Multiple ATM's and touch tunes. This location has a large patio and plenty of parking. Basement is used for utilities/storage and has been updated with a new keg cooler room for the upstairs taps. New well and pump just added Hundreds of thousands in recent updates. The property can be sold many ways. Just business or just real estate. Just Real Estate- $580,000. Just the business- $269,000 Everything together business and real estate. Fun investment or job opportunity!
| Price History | |
|---|---|
| 8/12/2026 | Listed $0 |
General Features
| Cooling | Central Air |
|---|---|
| Possession | Closing |
| Zoning | COMMR |
| Tenant Pays | Air Conditioning,Electricity,Heat,Insurance,Scavenger,Sewer,Varies by Tenant,All Utilities |
| Stories Count | 2 |
| Tax Year | 2023 |
| Current Use | Commercial |
| Business Type | Bar/Tavern/Lounge,Food & Beverage,Restaurant |
| Business Name | Corner Crossing |
| County | Lake |
| Operating Expense | 141612 |
| Property Type | Business Opportunity |
| Status | Active |
| Directions | Rt. 83 South of Grass Lake Rd. to property on East Side of 83 next to train tracks |
| City | Lake Villa |
| MLS Area | Lake Villa / Lindenhurst |
| Tax Annual Amount | 6500 |
| Lease Type | Net |
| Standard Status | Active |
| Property Type | Bus / Bus w/Real Est |
| Ownership Type | Individual |
Exterior Features
| Building Area Total | 16988 |
|---|---|
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Business Op Average in 60046
Taxes
Visits
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Cove Realty, LLC - WI may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.Based on information submitted to the MLS GRID as of September 28, 2026 5:29 PM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of September 28, 2026 5:29 PM UTC
REALTORS® Wisconsin Real Estate Exchange (WIREX). All information deemed reliable but not guaranteed. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s), nor Cove Realty, LLC - WI, nor WIREX MLS shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Cove Realty, LLC - WI may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 Wisconsin Real Estate Exchange (WIREX) MLS, Inc. All rights reserved. Last Updated: September 28, 2026 5:36 PM UTC
